Blue Energy raises $380M to build grid-scale nuclear reactors in shipyards

By building reactors in shipyards, Blue Energy says it will tame nuclear power's cost problems, giving it access to cheaper financing.

"$380M is betting nuclear reactors can be built in shipyards." Blue Energy has secured a massive $380 million investment to build grid-scale nuclear reactors in shipyards. The company believes this approach will significantly cut costs. By doing so, they aim to solve nuclear power's financial challenges, making it easier to secure affordable financing. Why does this matter? Nuclear energy is a pivotal part of the global shift towards clean power, but its high costs often deter investment. Blue Energy's innovative shipyard method could lower expenses, accelerating the adoption of nuclear power. This initiative promises to deliver cost-effective nuclear energy solutions, potentially transforming how we power our world. If successful, Blue Energy could deploy these reactors faster and more efficiently, changing the energy landscape. Curious to learn more about this bold move in nuclear innovation? Check out the full article link in bio.